The sequential search model: A framework for empirical research

被引:1
作者
Ursu, Raluca [1 ]
Seiler, Stephan [2 ,3 ]
Honka, Elisabeth [4 ]
机构
[1] NYU Stern, New York, NY USA
[2] Imperial Coll, London, England
[3] CEPR, London, England
[4] UCLA, Los Angeles, CA 90095 USA
来源
QME-QUANTITATIVE MARKETING AND ECONOMICS | 2025年 / 23卷 / 01期
关键词
Sequential search model; D43; D83; L13; CONSUMER SEARCH; PRICE BELIEFS; INFORMATION; SIMULATION; ECONOMICS; DEMAND; IDENTIFICATION; COSTS;
D O I
10.1007/s11129-024-09291-2
中图分类号
F [经济];
学科分类号
02 ;
摘要
We provide a detailed overview of the empirical implementation of the sequential search model proposed by Weitzman (1979). We discuss the assumptions underlying the model, the identification of search cost and preference parameters, elasticities and welfare formulas, and different estimation approaches. The goal of this paper is to consolidate knowledge and provide a unified treatment of various aspects of sequential search models that are relevant for empirical work.
引用
收藏
页码:165 / 213
页数:49
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